Federal Managers Association

In the News

• The TSP Shake-Up: What Every Fed Needs to Know Now - June 12, 2025

• Fed Gov Today

  On the latest episode of Fed Gov Today, listeners gain timely insights into major updates coming to the Thrift Savings Plan (TSP), thanks to a deep-dive conversation with two key leaders from the Federal Retirement Thrift Investment Board: Jim Kaplan, Director of External Affairs, and Jim Courtney, Director of the Office of Participant Experience. Together, they outline changes that affect both new and long-time TSP participants, with a focus on communication, education, and long-term planning.

  Kaplan begins by confirming that the L 2025 Lifecycle Fund will retire at the end of the month. Participants with investments in that fund will see their balances automatically moved to the L Income Fund. Simultaneously, the TSP introduces the new L 2075 Fund, designed for the youngest generation of federal employees. This move ensures that those just starting their careers have a default fund aligned with their distant retirement horizon.

  To read the full article, click here.

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